Document Type
Article
Comments
This article predates the author's affiliation with Cornell Law School. It was published in the National Law Journal (January 29, 2007).
Abstract
More and more bad news piles up about Freddie Mac and Fannie Mae, the two government-chartered, but publicly traded, mortgage finance companies. If Fannie or Freddie were to become insolvent, the American taxpayer would be on the hook for the cost of making good on the government's implied guarantees.
Date of Authorship for this Version
1-29-2007
Keywords
Federal National Mortgage Association, Fannie Mae, Freddie Mac
Recommended Citation
Reiss, David J., "Time to Avert a Bailout" (2007). Cornell Law Faculty Working Papers. 180.
https://scholarship.law.cornell.edu/clsops_papers/180